Silver One Resources (CVE:SVE) Trading 2.3% Higher – Still a Buy?

Silver One Resources Inc. (CVE:SVE) rose 2.3% during mid-day trading on Tuesday . The stock traded as high as C$0.23 and last traded at C$0.23. Approximately 41,201 shares traded hands during mid-day trading, a decline of 66% from the average daily volume of 121,022 shares. The stock had previously closed at C$0.22.

Silver One Resources Price Performance

The stock has a 50 day moving average of C$0.30 and a two-hundred day moving average of C$0.28. The stock has a market cap of C$60.50 million, a PE ratio of -27.00 and a beta of 1.57. The company has a debt-to-equity ratio of 0.04, a quick ratio of 21.35 and a current ratio of 79.52.

About Silver One Resources

Silver One Resources Inc, together with its subsidiary, engages in the acquisition, exploration, and development of mineral properties in the United States. The company explores for silver deposits. Its flagship project, the Candelaria Silver Mine project, located in central west Nevada; and holds 100% interest in Cherokee project located in Nevada, as well as in the Phoenix silver property located near Globe, Arizona.